Senior Fund Accountant

We’re looking to hire a Senior Fund Accountant to join our Funds Finance team on a 12 month contract. You’ll be responsible for owning all deliverables related to the financial accounting for our funds [22 and growing], ably supported by our Fund Accountants Nils Westerbarkei and Aidan Wong, and reporting to Blackbird’s amazing Head of Finance, Rebecca McCallum.

As the most senior member of Blackbird’s Funds Finance team, you will be an individual contributor, and have responsibility for: Financial reporting and bookkeeping in Allvue (our fund administration platform): Reviewing the Funds’ balance sheet reconciliations and quarterly Net Asset Value (NAV) statements. Leading the year-end audit and coordinating the preparation of key deliverables. Reviewing the draft financial statements prepared by the Fund Accountants.

Tax compliance: Overseeing the compilation of information for external tax advisers and managing the process of disseminating tax statements to investors. Reviewing quarterly BAS reports for the Funds. Reviewing the Funds’ tax returns prepared by the external tax advisers.

General Fund management: Cash management including forecasting the Funds’ cash needs for capital calls and determining cash available for distributions where relevant. Ensuring that all capital calls have been received from investors, and all distributions have been successfully paid to investors. Co-ordination of and input into quarterly revaluations process Ensuring expenses charged to the funds comply with fund documents

Investor relations: Answering any queries investors might have on their investment holdings or the Blackbird Funds, including tax compliance and regulatory reporting for our institutional investors. Assisting with the creation of investor materials and reviewing these materials for factual accuracy.

Process improvement: Constantly looking for ways to automate and scale repetitive tasks.

Position Requirements: We know that candidates, especially women and people from underrepresented backgrounds, often hesitate to apply unless they meet 100% of the qualifications. If this role excites you and you meet most of the requirements, we encourage you to apply. We value potential and are committed to supporting growth in this role.

Fund finance knowledge: You have advanced knowledge of all concepts applicable to fund finance including technical fund accounting, investment valuations and revaluations, carried interest, IRR hurdle rates and common fund metrics like TVPI and Net IRR.

Audit co-ordination: You have participated in multiple audit processes including the preparation of financial statements in accordance with relevant accounting standards.

Financial reporting: You are well versed in financial reporting such as NAV statements and capital account statements, and can deliver them accurately and in a timely manner, regularly acting as the final reviewer before sending.

Proficiency in the tools of funds finance: You are comfortable working with large sets of data and spreadsheets on a day-to-day basis. You have used at least one fund accounting SaaS tool such as eFront or Allvue.

Communications wizard: You take care to craft impactful verbal and written communications, whether it’s delivered internally or externally.

Ultimate organiser: You can navigate between multiple funds and competing demands by establishing clear project plans, identifying priorities, and executing tasks through to completion.

Hospitality mindset: You take pride in delivering delightful and high quality experiences for our team, founders and investors.

Humility: No task is too small for us and no ambition is too big. We all take out the garbage. You will be scrappy, move quickly and never hesitate to roll up your sleeves.

Working at Blackbird: We believe that building a diverse and inclusive team is critical to Blackbird’s success. We do not discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age, or marital, veteran, or disability status. We use Applied to ensure every applicant gets an equal chance of success. We offer: Flexible working: Whether it’s working from home, leaving early to pick up the kids or fitting in your favorite exercise class. We encourage you to explore when you're most productive and work in that style.

Wellbeing: We think in decades not days. To support our Blackbirds over the long haul we offer a range of holistic wellbeing benefits including a monthly healthy living allowance, 24/7 access to wellbeing support, a home office allowance, kit-kat days, and more!

Unplugged weekends: We work hard without letting work get in the way of life. We’ve implemented no Slack or emails on weekends, so you can switch off and enjoy yourself.

Connection: While being big fans of a fully distributed workforce, we value our vibe and time to connect online and IRL through team and company offsites, monthly social activities, weekly lunches and our many social clubs (#fun-manis, #fun-fantasybookclub, #bb-craft just to name a few!).

Blackbird is a Pledge 1% member —  we pledge 1% of our time, equity and profits to help not-for-profit causes in our community. Through Pledge 1%, we established the Blackbird Foundation to supercharge the creative capabilities of young people. We are also very proud to have won the 2023 AFR Best Place to Work award in three categories including Overall winner. In 2022, we became certified as one of Australia’s Great Places to Work.

About Blackbird: Blackbird is Australia's biggest venture capital fund whose mission is to supercharge Australia and New Zealand’s most ambitious founders. We do this by raising venture capital funds, investing into the best startup companies and helping them succeed. We have a portfolio valued at over $7B, including some of the most successful Australian and Kiwi startups such as Canva, SafetyCulture and Culture Amp. We are inspired by investment firms such as Berkshire Hathaway and Bridgewater Associates. Like the companies we back, we want to build a business that lasts for decades and produces excellent returns for our investors. Most of all, we want to support our region’s most talented founders build category-defining technology companies. We’ve written a lot about what we love at Blackbird, so check out our blog if you want some more information about us. In particular, you should read about our mission and values, our Blackbird’s Operating Principles (BOPs) and what we look for in founders.